30, October 2026

Impact of Digital Banking on Personal Financial Management: A Systematic Literature Review

VOLUME-12; ISSUE-10; OCT-2026

Author(s): Anurag Dwivedi,  Sakshi Sharma,  Shabdika Sharma,  Dr. Sneha Singh 

Authors Affiliations:

1,2,3 Student, Department of Business Administration, Vindhya Institute of Technology and Science, Satna, MP

4Associate Professor, Department of Business Administration, Vindhya Group of Institutions, Satna, MP

DOIs:10.2015/IJIRMF/202610020     |     Paper ID: IJIRMF202610020


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Digital banking has fundamentally changed how individuals access, monitor, and manage their money. This paper presents a systematic literature review examining the impact of digital banking — including mobile banking apps, budgeting and personal financial management (PFM) tools, and “buy now, pay later” (BNPL) services — on personal financial management outcomes such as saving, spending, debt, and financial confidence. Following a structured methodology (defined scope, search strategy, source-selection criteria, and thematic analysis), ten peer-reviewed studies, institutional datasets, and industry reports published between 2020 and 2025 were reviewed and synthesized around four themes: financial access, budgeting-tool effectiveness, instant-credit risk, and security/trust.

DIGITAL BANKING,PERSONAL FINANCIAL MANAGEMENT,FINTECH,FINANCIAL LITERACY

Anurag Dwivedi,  Sakshi Sharma,  Shabdika Sharma,  Dr. Sneha Singh  (2026); Impact of Digital Banking on Personal Financial Management: A Systematic Literature Review, International Journal for Innovative Research in Multidisciplinary Field, ISSN(O): 2455-0620, Vol-12, Issue-10, Available on –   https://www.ijirmf.com/

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